Networth Updates

Net Worth Update March 2017 – $200,000+

A net increase of $20,506.78 to bring us to $205,417.70!!!

It really is amazing to have reached a milestone like that. Not only are we seeing awesome progress we are enjoying the heck out of this blogging thing.

We’re new to blogging but it’s been an awesome ride so far. We’re seeing what is amazing traffic to us. Averaging about 30 views per day and it’s super cool to see that many people even just clicking on our blog. We would love to talk with you in the comments section and get to interact with some of you more. So go ahead down there and comment away! We want to talk! We even had one day with over 100 views, that’s so freaking cool!

With that out of the way, let’s go right into the main table tracking our net worth:

Change Explanations:

These changes will be from January, not from our Mid Month Net Worth Update

401k$11,775.47 – if you read our last blog post, Mr. Joe got a bonus and a raise and went ahead and upped his 401k contributions again. We’re now both at 15% prior to the company matches so this should tick up a little more month over month. Our hope to maximize the contributions to one of our 401k accounts by the end of the year. We’ll need to get some kind of goal tracking into this blog to see if we meet some of these goals. Have to think about how to include that…

HSA$5,809.56 – This big increase is almost entirely due to adding Mrs. Jane’s HSA into the table. There were some additional paycheck contributions as well. I guess we were already over $200,000 last month if we would have included this HSA number but we’re going to celebrate it here! Woot woot!

RothIRA$252.42 – Minor growth in the market this month.

Acorns$32.49 – Just like before, we love Acorns because it just puts that little extra away without you realizing it.

Cash$795.09 – Normal ebbs and flows of the checking account at work here. We’ve added an Income and Spending section below that will show where most of our “cash” went. There should be a respectable increase in this around the middle of March when Mr. Joe gets his bonus. We’ll be using that money to hopefully pay off one of the car loans.

Mr. Joe’s Student Loans$105.81 – If you’ve been following our blog then you’ll know that we recently Re-financed Mr. Joe’s student loan with SoFI. We’ve detailed that process in some other posts you can find here. So far it’s been great working with SoFI. We made a payment this month and accrued a little interest.

Mrs. Jane’s Student Loans$90.61 – Again, just a simple payment and interest on these loans. We’ll try to tackle this debt after one of the cars.

Car Loan 1$682.33 – Big progress here and it’s due entirely to making a payment towards the end of last month and one early this month so two payments have processed in this month. We’ll take it!

Car Loan 1$277.65 – Making progress on schedule here due to making an on time payment. We’ve never been late but it’s nice to get this bill out the way before the midway point of the month.

Credit Cards$212.31 – This number isn’t as large as we had hoped but it includes some surprise travel expenses that we did not have planned. Detailed below.


Income and Spending

New to the monthly update this time we wanted to show what we actually spent money on in the previous month. We won’t go into crazy detail because telling you which restaurants we ate at each week would be just silly. But we will cover any unusual spending or income. For example in February: we “earned” $458 from a Credit Card Extended Warranty.

The “Budgeted” numbers below are kind of ambiguous and work on a monthly funding basis so something like car insurance which we pay every 6 months has a dollar amount budgeted but won’t actuals except for twice a year.


This is kind of a simple table showing Mr. Joe’s income. It includes the company match to the 401k and HSA contributions and those are also reflected in the Investment table below. Also shown here is reimbursement from work related expenses (mostly fuel) and the sale of a couple of hockey tickets. Mrs. Jane’s numbers are not included as her paycheck is still direct deposited to a separate account. That will be changing in March hopefully.


Necessary Expenses

This was a pretty typical month for us. We’re still working on fully merging our finances so some of these numbers aren’t quite right as they just involve the joint account numbers. Working out of separate accounts for 10 years makes it take longer than we would have thought to merge.

The vacations dollars spent here we totally a spur of the moment decision. We had some close college friends just invite us to an out of state house warming party and we haven’t seen them in awhile so we decided to go for it. Not necessarily a great financial decision but what’s life if you don’t enjoy it with good people?

Discretionary Expenses

Here you can see Mr. Joe’s two very expensive hobbies! He’s currently a student pilot trying to become a private pilot and he also loves hockey and we have season tickets. They just renewed this month so we had a double charge for the tickets.

Excess Expenses

Woah! What happened here?

Well, we started a blog and had website hosting costs, we also forgot about our Amazon Prime renewal, and Mr. Joe ran a red light. Ouch. (by the way he did not intend to run a red light, he does try to be a safe driver)


Full Disclosure: The links above to SoFI and Acorns are referral links. I will get a bonus from SoFI if you sign up using my link and you will get $100. If you sign up for Acorns with my link we both get $5.

2 thoughts on “Net Worth Update March 2017 – $200,000+”

  1. Woohoo! Congrats on that net worth increase! So do you find apps like Acorns honestly worth it? I’ve been trying to get Mr. Picky Pincher on board with it but he’s not convinced.

    Out of curiosity, what are your car and student loan interest rates? Ours worked out to 6% for student loans and 2% on the car, so we’re paying off the loans first.

    1. So far we love Acorns. Have been able to save up $275 without thinking about it. It’s not a lot of money but it’s money nonetheless.

      As far as interest rates:
      One car is at 2.90%
      The other car is at 0.00%
      and the student loans are at 2.400%, 6.550%, and 4.990%.

      We’re using the snowball method primarily because at the small dollar amounts of the loans, paying on the higher interest rate ones won’t save us a ton of money but getting rid of payments frees up a fair bit of cash flow.

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